Bovine Animals; Live Price in Japan - 2022
Contents:
Bovine Animals; Live Price in Japan (CIF) - 2022
In December 2022, the average bovine animals; live import price amounted to $3,321 per unit, approximately reflecting the previous month. Over the period under review, the import price posted strong growth. The most prominent rate of growth was recorded in June 2022 an increase of 5% against the previous month. Over the period under review, average import prices attained the maximum at $4,121 per unit in August 2022; afterwards, it flattened through to December 2022.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From December 2021 to December 2022, the rate of growth in terms of prices for Australia amounted to +11.1% per month.
Bovine Animals; Live Imports in Japan
Bovine animals; live imports into Japan reduced markedly to 7.7K units in 2022, waning by -40.1% compared with the previous year's figure. Overall, imports faced a dramatic setback. The smallest decline of -13.5% was in 2021. Imports peaked at 18K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, bovine animals; live imports declined dramatically to $24M in 2022. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 5.9% against the previous year. Over the period under review, imports reached the peak figure at $42M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Bovine Animals; Live in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 41.9 | 33.2 | 35.2 | 24.2 | -16.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 41.9 | 33.2 | 35.2 | 24.2 | -16.7% |
Top Suppliers of Bovine Animals; Live to Japan in 2022:
- Australia (7.7K units)
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